New Jersey § 48:2-56
Full text of New Jersey New Jersey Statutes § 48:2-56, with citation guidance and answers to common questions.
§ 48:2-56.
The Board of Public Utilities is hereby empowered, authorized and required to charge and collect fees and charges
for the purposes and in the amounts hereinafter set out. A. Filing of Annual Reports (9) (Deleted by amendment, P.L.1993, c. 124 ). B. Examination and Audit of Annual Reports (1) The total fee is to be based on reported intrastate operating revenues, and, except
as noted below for certain interstate utilities, will consist of a base charge plus
an incremental charge per unit of $1,000.00 or fraction thereof for each such unit
in excess of the lower limit of the indicated range. (2) Public utilities engaged in interstate commerce who are required to file annual
reports with the board and who derive 50% or more of their operating revenues from
interstate commerce shall pay a fee for examination and audit of their annual report
in accordance with the following schedule. The board may establish reasonable rules for the determination of such intrastate
revenues in cases where the same have not been reported. E. Applications and Petitions Submitted to the Board (1) For approval of issuance of securities or evidences of indebtedness the filing
fee shall be based on the estimated proceeds before costs and expenses of issuance. When the actual proceeds become known, the fee will be adjusted accordingly. The total filing fee will consist of a base charge plus an incremental charge per
unit of $1,000.00 or fraction thereof of proceeds in excess of the lower limit of
the range of the indicated block. In the case of stock dividends, the proceeds shall be taken as the amount to be
transferred from earned surplus account. (2) For increases in rates or fares, whether by petition, filing of revised tariff,
or by petition for negotiated relief under R.S.48:2-21.1 , provided that when two petitions or a petition with an amendment relate to one and
the same increase only one fee shall be charged, the fees are to be based on the proposed
increase in annual operating revenues for which application is made and will consist
of a base charge plus an incremental charge per unit of $1,000.00 or fraction thereof
for each such unit in excess of the lower limit of the indicated range. The filing fee for approval of mergers is to be based on the total utility plant account
of the surviving utility and will be computed according to the schedule of charges
set forth herein for sales of property or leases of property. All filing fees shall be paid at the time of the original filing of the report, application,
petition or other document or paper in the matter. No pleading will be considered filed until the appropriate fees are paid. In cases where such payment is not feasible, as may be determined by the board,
the amount will be due and payable on the presentation of an invoice. When a petition covers more than one matter or makes a prayer for relief with respect
to more than one matter, the fee for filing the same shall be the sum of the fees
that would be paid for each individual matter. When several utilities or petitioners join in the filing of a single petition, then
the fees herein provided shall apply to each petitioner as may be appropriate.
Frequently Asked Questions About New Jersey § 48:2-56
What does New Jersey Statutes § 48:2-56 cover?
Section 48:2-56 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 48:2-56?
A common citation format is "New Jersey Statutes § 48:2-56" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 48:2-56 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.